About Zanaco

EXECUTIVE MANAGEMENT TEAM PROFILE

We pride ourselves in having qualified and experienced men and women who lead the Zanaco team in the execution of duties. Their experience and knowledge facilitates the creation of an enabling work environment for all staff to soar to their highest potential translating into maximum utilisation of human resources in the organizations. These talented men and women mentor and coach other members of the Zanaco team ultimately increasing work out-put and revenue.

Martyn H. Schouten, Managing Director

A Dutch national, Martyn aged 53 was appointed Managing Director in December 2010. He has 26 years senior management experience in retail and corporate banking having held positions in strategy, business development, product development and corporate support. He has worked in diverse countries such as Nigeria, Sri Lanka, Hungary, England, the Netherlands, India, the United States, Turkey and Jamaica. He is responsible for managing the strategic direction, the restructuring and positioning, and the day to day operations management of the company. He holds a Masters Degree in Economics.

Edward Mutale, Finance Director

Aged 50, Edward was appointed Finance Director in October 2005. He has 18 years auditing, accounting, and financial management experience at Zanaco and previously worked for Zambia State Insurance Corporation (ZSIC) and Coopers and Lybrand. Edward is responsible for management accounting and financial reporting, budgetary process and budgeting, financial management, prudential management and reporting, cost management, management information systems and projects around management information systems re-alignment. He holds a Bachelor of Accountancy degree and is a Fellow of both the Chartered Accountants UK and Zambia Institute of Certified Accountants.

Ignatius Mwanza, Director -Corporate Banking

Aged 47, Ignatius joined the Bank in October 2009. Prior to that he worked for Stanbic Bank Zambia from 2005 as Head Wholesale Banking and later set up the Investment Banking Unit which he headed until joining Zanaco. He previously worked for Standard Chartered Bank Zambia in various roles including Treasurer, Senior Relationship Manager in Corporate Banking in Zambia and London and Head Sales Corporate Banking. Prior to this, he worked at the Bank of Zambia and his last job was Senior Manager Bureaux De Change Operations.
He holds a Masters Degree in Business Administration (MBA), Associate of the Chartered Institute of Bankers (ACIB) of the United Kingdom and a Diploma in Accountancy.

Arjan Poels, Director Retail Banking

Arjan, aged 37, was appointed Director Retail Banking on March 2010. He has 10 years management experience in Retail Banking, of which the last three years was with NMB, Tanzania's largest bank. He is responsible for managing the branch network, customer service, sales, product development and support, public relations, marketing and projects around the distribution model and process re-engineering. Arjan holds a Master of Science Degree in Aerospace Engineering.

Tom Borghols, Director Risk

Tom aged 54, was appointed Director of Risk in June 2010. He has a broad background of banking experience, having previously worked with ABN AMBRO Bank, then Fortis Bank and subsequently with Rabobank. During his more than 25 years of experience in banking he has held positions in Commercial, Risk, Corporate and Retail, varying from relationship manager to branch manager and country manger. His banking career has taken him beyond the Netherlands to Curacao in the Caribbean, Kenya and in Rwanda, where he held his last appointment with Banque Populaire du Rwanda before taking up his appointment with Zanaco in Zambia.

Sonny Katowa, Director Corporate Support

Sonny, aged 44, was appointed Director Corporate Support in October 2006. He has 18 years experience in IT and communication, general administration, transaction processing and operations management. He is responsible for general administration involving real estate, procurement, outsourcing, security and fleet management, information technology and ICT infrastructure management, transaction processing and operations management and projects related to premises and real estate. In addition, he has vast knowledge and experience in project management, systems analysis and design. Sonny holds a Bachelor of Science degree in Maths and Computer Science.

Ngenda Nyambe, Director- Treasury and Investment Management

Aged 38, Ngenda was appointed Director - Treasury and Investment Management when he joined Zanaco and the Executive Committee in November of 2008. Prior to that, he had been Country Treasurer of Barclays Bank Zambia.
Ngenda started his career in banking at Stanbic Zambia in 1996 after graduating from the University of Zambia. He later joined the Standard Chartered Bank Graduate Trainee Programme in July 1997, before going on to hold various senior roles in the global markets division.
Ngenda then moved to Barclays Bank Zambia in August 2003 as Head of Market Making and Liquidity Management. He was made Country Treasurer and member of the Country Management Committee in March of 2005 where he led a revival in the fortunes of the business and acted in other senior executive roles as Corporate Director and Managing Director
A keen soccer fan, Ngenda is married and a father of three children.

Chimango Chikwanda, Director-Human Resources and Training

Chimango, aged 37 was appointed Director-Human Resources and Training effective June 1st, 2011.
She has over 6 years of Executive-level experience as Director Human Resources, most recently at Zain Zambia and prior to that at Zambian Breweries Plc. Prior to these positions, she worked as a Strategic Human Resource Consultant at KPMG and PricewaterhouseCoopers. Chimango holds a Masters Degree in Consulting and Coaching for Change (Oxford and HEC) as well as a Masters Degree in Economics (University of Warwick). Chikwanda is married and a mother of three children

Hamish I Chipungu, Director - Internal Audit

Hamish, aged 46, was appointed Director -Internal Audit in January 2011. He has 18 years experience gained through external and internal auditing, Bank Supervision, Non Bank Financial Institutions Supervision and Financial Management & Information System. His experience was gained at the Bank of Zambia and KPMG which is one of the big four audit firms.
Hamish performs high level professional internal auditing work as a key component of the corporate governance structure. His work involves directing a comprehensive audit program including performance, financial and compliance audit projects; providing consulting services to the bank’s management and staff; providing direction to developing of the Annual Audit Plan; and providing ongoing training, coaching and supervision to Internal Audit staff. Hamish is a Fellow of the Association of Chartered Certified Accountants (FCCA) and is a Certified Internal Auditor (CIA).

Suzyo Ng'andu, Bank Secretary

Suzyo Ng'andu, aged 42 is the Bank Secretary responsible for providing Corporate Secretarial Services to the Board of Directors. Having completed a Bachelor of Sciences Degree in Land Economy in 1992, Suzyo began her career in Property Management at the mining conglomerate Zambia Consolidated Copper Mines Limited. She later joined the Company Secretarial field and worked at KPMG providing Secretarial services to various clients. Thereafter, she joined ZCCM Investments Holdings Plc , a Company listed on both the Lusaka and London Stock Exchanges, before being appointed Company Secretary of BP Zambia Plc, the largest Oil marketing company in Zambia in 2006. She joined Zanaco in 2008.